732 19th St
Des MoinesIA50314
Cheap Homes for Rent in Drake University Neighborhood of Des Moines, IA from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake University area of Des Moines.
3721 Cottage Grove Ave
Des MoinesIA50311
1000 24th St
Des MoinesIA50311
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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1334 32nd St
Des MoinesIA50311
1334 32nd St
Des MoinesIA50311
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2309 37th St
Des MoinesIA50310
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Drake University, Des Moines, IA Local Guide
How much does it cost to rent a home in Drake University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake University 2 Bedroom Homes for Rent | $1,307 | $825 | $2,100 |
| Drake University 3 Bedroom Homes for Rent | $1,675 | $1,400 | $1,950 |
| Drake University 4 Bedroom Homes for Rent | $2,175 | $2,100 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
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Drake University, Des Moines, IA Local Guide
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Cheapest Available Drake University Apartments for Rent
The cheapest available apartment rental in the Drake University area of Des Moines, IA is a Studio unit found at Village Green priced from $600. Beaverdale Housing LLC has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Drake University apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Green | Studio | Studio,1BA | $600 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| Kingman Gardens | 1BR | 1BR,1BA | $715 |
Best Value Apartments for Rent in Drake University, IA
As of July 14, 2025 the best value apartment in the Drake University area is the $1.30 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,795. The second greatest value Drake University apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.30 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| 681 18th St, Unit 681 | 681 18th St | 2BR,1BA | $1.32 |
| Kingman Gardens | 2BR | 2BR,1BA | $1.13 |
| The Drake Apartments | C2 | 2BR,1BA | $1.24 |
| Woodland Avenue Brickstone | 1x1 630 | 1BR,1BA | $1.08 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
| University Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.39 |
| The Grove at Hickman | 1x1 | 1BR,1BA | $1.43 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Drake University
What type of rentals are currently available in Drake University?
There are currently 276 Apartments for Rent in Drake University, IA with pricing that ranges from $600 to $3,349. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake University ranging from $595 to $2,250.
What is the current price range for Rental Homes in Drake University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake University ranges from $595 to $2,250 with an average monthly rent of $1,334.
How much are larger Three and Four Bedroom Rentals in Drake University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake University range from $1,100 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $1,950. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $965.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.